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Emerita Resources
(EMO)
Emerita Resources (EMO) vs. iShares MSCI Canada ETF (EWC)
Emerita Resources Business Overview & Revenue Model
Emerita Resources Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 9.58M | 0.00 |
| Gross Profit | -132.51K | -9.38M | -16.47M | -14.67K | -4.90K |
| EBITDA | -10.52M | -13.21M | -21.46M | -20.69M | -17.23M |
| Net Income | -12.51M | -12.93M | -21.49M | -20.71M | -17.23M |
Balance Sheet | |||||
| Total Assets | 79.90M | 13.36M | 13.27M | 22.62M | 27.42M |
| Cash, Cash Equivalents and Short-Term Investments | 27.25M | 10.96M | 9.80M | 20.18M | 26.78M |
| Total Debt | 7.79M | 5.74M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 9.19M | 8.09M | 1.58M | 1.84M | 1.21M |
| Stockholders Equity | 70.71M | 5.27M | 11.69M | 20.78M | 26.21M |
Cash Flow | |||||
| Free Cash Flow | -4.83M | -11.62M | -21.16M | -12.62M | -4.29M |
| Operating Cash Flow | -4.70M | -11.44M | -21.07M | -12.29M | -4.28M |
| Investing Cash Flow | -12.75M | -129.65K | -61.98K | -555.43K | -79.22K |
| Financing Cash Flow | 33.80M | 12.72M | 10.81M | 6.18M | 30.36M |
Emerita Resources Technical Analysis
Emerita Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$260.52M | -87.01 | -6.95% | ― | ― | 34.09% | |
51 Neutral | C$235.40M | -49.77 | -3.57% | ― | ― | 27.96% | |
49 Neutral | $179.17M | -7.96 | -82.29% | ― | ― | -683.46% | |
49 Neutral | C$423.72M | -1.11 | -525.71% | ― | -4.16% | -66.82% | |
44 Neutral | C$140.90M | -13.99 | -46.38% | ― | ― | 19.55% | |
44 Neutral | C$100.34M | -64.93 | -20.92% | ― | ― | 7.50% |
Emerita Resources Corporate Events
Emerita Resources reported new metallurgical test results showing that the Albion hydrometallurgical process recovered 81% of the gold and 96% of the silver from post-flotation material at its Iberian Belt West Project. The technology targets precious metals left in refractory sulphide residues after base metal flotation and is a commercially proven process licensed globally by Glencore Technology.
Compared with a previously tested pyrometallurgical plus CLEVR route that delivered similar gold but much lower silver recoveries, the Albion-based flowsheet significantly boosts silver output, which management says could add meaningful value in the current market. Having two viable processing options is expected to reduce metallurgical risk, support the ongoing prefeasibility study and give Emerita flexibility to optimize recoveries, environmental performance and long-term project economics as test work continues in 2026.
The most recent analyst rating on (TSE:EMO) stock is a Sell with a C$0.45 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources has reported new drilling results from the El Cura deposit within its Iberian Belt West project, highlighted by a 9.2-metre intercept grading 1.4% copper, 1.3% zinc, 0.4% lead, plus gold and silver credits. The latest holes extend mineralization along a 420-metre strike and 460 metres down-dip, refining the geometry of the deposit from near-surface to its deepest known levels.
The company has now compiled assay data from 91 drill holes for inclusion in an updated NI 43-101 mineral resource estimate that will underpin the ongoing prefeasibility study. Continued drilling at El Cura and La Infanta is aimed at upgrading Inferred resources to the Measured and Indicated categories, a step that could strengthen project economics and de-risk development for stakeholders.
The most recent analyst rating on (TSE:EMO) stock is a Hold with a C$0.49 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources has graduated from the OTCQB Venture Market to the higher-tier OTCQX Market in the United States, with its common shares continuing to trade under the symbol EMOTF. The move is intended to increase the company’s visibility and accessibility among U.S. investors, aligning Emerita with more established issuers that meet stricter financial, disclosure and governance standards, and is positioned as a key step in supporting its capital markets profile as it advances permitting and prefeasibility work on its Iberian Belt West project toward a potential production decision.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources says 2026 will be a pivotal year as it advances its flagship Iberian Belt West project from exploration toward mine development, backed by a strong balance sheet following a recent $26 million equity raise and a US$50 million facility. The company is finalizing engineering work, an updated mineral resource estimate and a prefeasibility study for a high‑grade mining operation at IBW by the end of the second quarter, while environmental permitting is progressing toward a public comment period that would mark a key step toward securing mining licenses. In parallel, airborne survey data will shape exploration plans at the copper‑rich San Antonio area, drilling is slated for the Nuevo Tintillo gold‑silver project in 2026, and a long‑running legal dispute over the Aznalcóllar tender is moving toward resolution in the Andalusia Administrative Court. Emerita has also launched the Emerita Foundation to deepen community engagement around IBW and future projects, underscoring its effort to position itself as a future multi‑mine operator in the Iberian Belt with a pipeline of growth assets and a formal framework for local stakeholder participation.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources reported new drilling results from the El Cura deposit at its Iberian Belt West project, highlighted by a 12.1-metre intercept grading 1.6% copper, 0.85 g/t gold and 32.11 g/t silver, and a 1.4-metre interval grading 5.8% copper, 4.89 g/t gold and 51.0 g/t silver. The latest holes extend mineralization across a strike length of about 650 metres and 320 metres down-dip, expanding both the eastern and western limits of the deposit and confirming that El Cura remains open along plunge. With 86% of holes drilled to date intersecting mineralization and many drilled only to moderate depths, the company sees potential to continue cost-effective infill and extension drilling to upgrade the resource base to measured and indicated categories, supporting its ongoing prefeasibility work and strengthening the project’s development outlook.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources has reported new drilling results from the El Cura deposit at its Iberian Belt West project, highlighted by a 12.1-metre intercept grading 1.6% copper, 0.85 g/t gold and 32.11 g/t silver, and a 1.4-metre intercept grading 5.8% copper, 4.89 g/t gold and 51.0 g/t silver. The latest holes extend mineralization along a strike length of about 650 metres and 320 metres down-dip, significantly expanding the eastern portion of the deposit and pushing the western mineral resource boundary more than 200 metres beyond the current indicated resource limits. With 86 holes drilled and an 86% hit rate of mineralized intervals, El Cura is emerging as a coherent, steeply dipping gold-copper-rich zone that remains open both to the east and west, supporting Emerita’s strategy to upgrade resources to measured and indicated categories ahead of its planned prefeasibility study and potentially enhancing the project’s overall economic profile.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources reported new drilling results from the El Cura deposit at its Iberian Belt West project, highlighted by a 12.1-metre intercept grading 1.6% copper, 0.85 g/t gold and 32.11 g/t silver in hole EC092 and a 1.4-metre intercept grading 5.8% copper and 4.89 g/t gold in hole EC085. The latest holes extend the known strike of El Cura to about 650 metres and 320 metres down-dip, confirm mineralisation across upper-central, eastern and western sectors, and show the deposit remains open both down plunge to the west and up plunge to the east. With 86% of holes to date hitting mineralisation and several intercepts located beyond the limits of the current indicated resource, the results support further step-out drilling, strengthen the case for expanding El Cura’s resource base, and underpin its role as a key contributor to the forthcoming prefeasibility study for the IBW project.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources has announced its decision to petition the Administrative Court of Andalucia to address alleged irregularities in awarding the Aznalcollar public tender, while opting not to appeal a recent criminal trial decision. The company aims to strengthen its legal position to acquire rights to the Aznalcollar project, as it believes significant administrative errors were made during the tender process. This focused approach is expected to expedite resolution and potentially enhance Emerita’s standing in the mining industry and among stakeholders.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources Corp. has secured an upsized loan of USD$35 million from Nebari Natural Resources Credit Fund II, approved by the TSX Venture Exchange, to support its Iberian Belt West Project in Spain. This financial backing will aid in advancing the project through permitting and prefeasibility stages, with a focus on exploration, engineering studies, and environmental permitting, positioning the company for future production decisions.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources Corp. announced that the Provincial Court of Seville has decided not to impose criminal convictions in the Aznalcóllar trial, despite previous judicial findings of irregularities in the public tender process. The company expressed disappointment but respects the decision and is reviewing the court’s resolution with legal counsel. Emerita is awaiting a decision from the Administrative Court regarding the alleged irregularities in the tender process and remains focused on developing its Iberian Belt West project while maintaining its commitment to ethical and sustainable mining practices.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$1.80 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.
Emerita Resources Corp. has awarded a contract to SLR Consulting Limited for the completion of a Pre-Feasibility Study (PFS) for its Iberian Belt West (IBW) project. This study will be the first independent third-party evaluation of the project, covering mine to mill design, process plant design, infrastructure, and financial analysis. The decision to engage SLR follows a thorough selection process, with the study expected to be completed in six months. This development marks a significant step in advancing the IBW project, enhancing Emerita’s position in the mineral exploration industry.
The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$1.80 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.